Engen wins breakthrough deal to supply Kenya Airways

Wednesday, 13 May2009

Engen, the African energy multinational, has beaten down strong competition to win a tender for the year-long supply of aviation fuel to Kenya Airways, at the Democratic Republic of Congos Lubumbashi airport.

The agreement is for the delivery of 500 kilolitres of Jet A1 fuel. It has been running since 9 April 2009 and will end on 10 March 2010. Despite the time limit, the possibility for expansion exists - if not in contract period, then in scope. Engen operates at all the DRCs airports (Kinshasa, Kisangani, Goma, Mbandaka and Mbujimayi).

The emerging African giant views the development as a breakthrough, as it seeks to leverage group aviation expertise and exploit opportunities ahead of the 2010 FIFA Soccer World Cup, thereby contributing in volume terms to its position on the continent.

Winning this is a step forward for us on our EPIC 2016 journey to becoming a Champion in Africa, says Wayne Hartmann, GM of Engen International Business development.

Hartmann says besides acquisitions, growth into new markets like aviation is essential if the company is to realise its ambitions. It has good reasons for pursuing aviation: for one thing, South Africa is gearing up to host (and fly) millions of visitors around and into the country at the World Cup next year. For another, Petronas, the Malaysian national oil and gas company that owns 80% of Engen, has recently established an international aviation business.

Hartmann says Petronas and Engen have maintained a mutually beneficial relationship in the 13 years of their association, characterised by leveraging off each others core expertise.

Engen is committed to the DRC, Africa and aviation, Hartmann says. In our quest for sustainable opportunities that benefit both our business and the countries in which we operate, Engen will always be a key economic contributor and a responsible operator.

For further information contact Tania Landsberg on 021 403 4911 or Tania.landsberg@engenoil.com.

About Engen

Engen Petroleum Limited is an African petroleum multinational with market leadership in its country of origin, South Africa, as well as Namibia and selected other countries across the continent. As of mid-2008, Engens African footprint comprised 17 operations, amassed over 12 years. It is Engens ambition to be a Champion in Africa, in terms of its EPIC growth strategy up to 2016. This will entail being first or second in total African market share by that year. Engen is owned 80% by PETRONAS, the national oil company of Malaysia, and 20% by BEE energy group Worldwide Africa Investment Holdings.